MELI Stock Recent News
MELI LATEST HEADLINES
It might be stating the obvious, but you can raise the odds of finding a monster winner in the stock market by focusing on companies currently experiencing strong revenue growth momentum.
Mercado Libre earnings beat, stock hits record high: CFO says there's still 'plenty of room' to grow
Latin American e-commerce platform Mercado Libre published its first quarter earnings figures on Wednesday that outdid top and bottom line estimates. Shares of the company closed Thursday's session at a record high.
Shares of MercadoLibre (MELI 6.48%) charged sharply higher on Thursday, gaining as much as 10.6%. As of 2:32 p.m.
MELI's first-quarter 2025 results benefit from a surge in commerce and fintech revenues backed by strong growth in Argentina.
I recommend buying MercadoLibre shares, despite concerns about Shopee's growth in Brazil, as MercadoLibre maintains a dominant market position and strong financial metrics. MELI's deep understanding of the Brazilian market and significant investment of $6.4 billion in Brazil reinforce its competitive edge over Shopee and Amazon. Shopee's lower average ticket price and reliance on new sellers may not sustain long-term growth, unlike MercadoLibre's established and diversified operations.
Although the revenue and EPS for MercadoLibre (MELI) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MercadoLibre, Inc. (NASDAQ:MELI ) Q1 2025 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Richard Cathcart - IR Officer Martin de los Santos - CFO Ariel Szarfsztejn - Commerce President Osvaldo Gimenez - Fintech President Conference Call Participants Andrew Ruben - Morgan Stanley Irma Sgarz - Goldman Sachs Robert Ford - Bank of America Marcelo Santos - JPMorgan Rodrigo Gastim - Itau BBA Neha Agarwala - HSBC Geoffrey Elliott - Autonomous Kaio Prato - UBS Joao Soares - Citi Marvin Fong - BTIG Craig Maurer - FT Partners Deepak Mathivanan - Cantor Fitzgerald Josh Beck - Raymond James James Friedman - Susquehanna Richard Cathcart Hello, everyone, and welcome to the MercadoLibre Earnings Conference Call for the quarter ended March 31, 2025. Thank you for joining us.
MercadoLibre (MELI) came out with quarterly earnings of $9.74 per share, beating the Zacks Consensus Estimate of $7.67 per share. This compares to earnings of $6.78 per share a year ago.
Latin America's digital commerce giant, MercadoLibre, continues to demonstrate its influence across the region's evolving financial and retail landscape, extending its reach beyond transactions into areas critical for future growth and user engagement.